RHI Entertainment Wins OK For Fast-Track Ch. 11 Exit

Law360, New York (December 14, 2010, 7:55 PM EST) -- Bankrupt made-for-TV movie producer RHI Entertainment Inc. won approval Tuesday to put its Chapter 11 case on a fast track and hold a combined disclosure statement and restructuring plan confirmation hearing as early as Feb. 17.

Judge Stuart Bernstein consented to the abbreviated schedule during a hearing in the U.S. Bankruptcy Court for the Southern District of New York, additionally granting preliminary approval to a host of first-day motions and a request to tap $7.5 million of $15 million in debtor-in-possession financing.

RHI bankruptcy counsel Jan...
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